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Words: 2,497 | Submitted: Mon Apr 07 2008
... be difficult to do any major trend comparison year over year. Nevertheless, sales for 1997 have maintained an increasing trend, increasing by 61%, from $24,330 in January 1997 to $39,114 in March 1997. BCC however posted a net loss of $2,451 in January 1997 but recovered subsequently to post a net profit of $4,408 and $6,326 in February and March 1997 respectively. To better understand the situation in BCC, it would also be necessary to look at the breakdown of the percentage of expenses relative to sales. We find that the total expenses in 1995 for BCC was 123% that of its total sales and this contributed to the net loss for that period. Similarly, the firm experienced a net profit in 1996 because it managed to keep its total expenses to only 91% in relation to its total sales. As we were given a clearer breakdown of expenses for ...
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